U.S. stocks were higher, with the Dow Jones index gaining around 50 points on Tuesday.
Shares of Netflix, Inc. (NASDAQ:NFLX) rose sharply during Tuesday's session after a Wall Street Journal report said the company aims to double its revenue by 2030.
According to a Wall Street Journal report, Netflix shared ambitious new growth targets at its annual business review meeting last month, including plans to double its revenue by 2030. The streaming giant reported $39 billion in total revenue last year.
Netflix shares gained 5.2% to $979.38 on Tuesday.
Here are some other big stocks recording gains in today's session.
- Rezolve AI PLC (NASDAQ:RZLV) shares jumped 30% to $1.4805 as the company announced a $9.8 million yearly contract with Liverpool Mexico.
- Forge Global Holdings, Inc. (NYSE:FRGE) shares gained 23.4% to $11.87.
- Verve Therapeutics, Inc. (NASDAQ:VERV) surged 23.3% to $5.09. Cantor Fitzgerald analyst Rick Bienkowski upgraded Verve Therapeutics from Neutral to Overweight.
- Ivanhoe Electric Inc. (NYSE:IE) rose 19.8% to $6.05.
- IperionX Limited (NASDAQ:IPX) shares gained 19% to $17.87.
- Eos Energy Enterprises, Inc. (NASDAQ:EOSE) shares rose 14% to $4.80. Eos Energy and Frontier Power announced a 5 GWh Memorandum of Understanding to Advance long-duration energy storage in the United Kingdom.
- Newsmax, Inc. (NYSE:NMAX) gained 12% to $29.09.
- Rocket Pharmaceuticals, Inc. (NASDAQ:RCKT) gained 12% to $6.61.
- Rocket Lab USA, Inc. (NASDAQ:RKLB) rose 10.1% to $21.06 after the company announced it was onramped to two separate multi-billion dollar defense contracts.
- Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) shares surged 7.3% to $7.99 after the company reported first-quarter financial results. Additionally, the company and Bell Canada announced the successful test of AI-native link adaptation to boost network speed and efficiency.
- Legend Biotech Corporation (NASDAQ:LEGN) gained 7% to $34.35.
- Under Armour, Inc. (NYSE:UAA) rose 6.6% to $5.80.
- Hewlett Packard Enterprise Company (NYSE:HPE) gained 5.3% to $15.03 after Bloomberg reported Elliott Investment Management has built a stake over $1.5 billion in the company.
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